Chipotle (NYSE: CMG) disappointed investors with its recent earnings report and can’t seem to get its footing on the road to recovery. However, there’s one bright spot in the midst of these challenges: the company’s focus on its digital efforts. Digital ordering is fast becoming a “must have” for restaurants. Mobile “order ahead” for quick service restaurants could grow to...
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The American economy is still buoyant and people are traveling, trends that continue to boost growth in the U.S. airline industry despite a recent uptick in fuel prices. The business has never been known as a fruitful source of shareholder dividends, but thanks to this success, the situation has changed — more are inclined to hand out dividends to their...
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U.S. stocks followed European markets lower Thursday as the tech-heavy Nasdaq composite led the decline. PowerShares QQQ Trust ( QQQ ) lost 0.6%, SPDR S&P 500 fell 0.4% and SPDR Dow Jones Industrial AverageDIA gave up 0.2%. The biggest losers among sector plays in the stock market today included telecom, semiconductor and industrials. Among the few sectors bucking the sell-off were...
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Now that the haze of nostalgia is starting to settle, it’s becoming clearer that Adidas ‘ ( ADDYY ) American resurgence isn’t just a one-off fad built on the back of fashion geeks, but perhaps a more permanent comeback to the spotlight. Adidas’ currency-neutral revenue rose 12% to 5.677 billion euros, missing estimates for 5.86 billion and...
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Investment Firm to Bring Back World Airways , Which Died Out in 2014 (via Bloomberg) Trump Blows Hot Air on $250BN in Deals With China , Let’s See if These Actually Last (via Reuters) Trump’s Justice Department Wants AT&T to Sell CNN or DirecTV Before it Takes Over Time Warner Inc. (via MarketWatch) Facebook Wants to Stop Revenge Porn, But...
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Cryptocurrencies are in the spotlight as bitcoin is on a tear, and everyone on Wall Street seems to have an opinion about the new investment vehicle. But could blockchain, the foundation upon which cryptocurrencies are traded, get hacked? “The security and the integrity of the transactions, and the authenticity, is rock solid,” Microsoft ( MSFT ) executive...
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